News

NCUA Reminds CUs of March 1 HMDA Filing Deadline 

Posted by Marissa Anema Tuesday, January 22, 2013 11:18:00 AM
ALEXANDRIA, Va. – Credit unions that were subject to Home Mortgage Disclosure Act (HMDA) requirements in 2012 have until March 1 to submit their 2012 HMDA loan/application register (LAR)... read more
 

NJCUL 2013 Table Officers Elected 

Posted by Marissa Anema Monday, January 21, 2013 10:34:00 AM
HIGHTSTOWN, N.J. – The New Jersey Credit Union League board elected its 2013 table officers at its most recent board meeting. NJCUL Chairman Lou Vetere and Vice Chair Ray Del Nero will... read more
 

Star-Ledger Notes Impact of CFPB’s Mortgage Servicers Rule 

Posted by Marissa Anema Thursday, January 17, 2013 11:17:00 AM
NEWARK, N.J. – An article in the Star-Ledger today notes that the Consumer Financial Protection Bureau (CFPB) is set to release it final rules today to require mortgage servicers to simplify ... read more
 

N.J. Credit Unions to Host First Ever College Reality Fair, Attend NJCUL’s Required Volunteer Training on March 7th to Participate! 

Posted by Marissa Anema Wednesday, January 16, 2013 10:45:00 AM
HIGHTSTOWN, N.J. – New Jersey credit unions will host their first ever Financial Reality Fair for college students on Tuesday, April 2nd at New Jersey City University, sponsored by Liberty... read more
 

Southern Chapter Holds First Meeting of 2013 

Posted by Marissa Anema Wednesday, January 16, 2013 10:44:00 AM
VINELAND, N.J. – The Southern Chapter of Credit Unions held its first meeting of the New Year on Tuesday, January 15, 2013 at 8:00 a.m. at the Merighi’s Savoy Inn in Vineland,... read more
 

CUNA Notes Relief with NCUA 'Small CU' Action 

Posted by Marissa Anema Tuesday, January 15, 2013 11:39:00 AM
ALEXANDRIA, Va. – Credit unions will see some real regulatory relief after last week's NCUA action to increase the asset-size threshold that defines a "small" credit union. The threshold was ... read more
 

CFPB Issues QM, Ability to Repay Rules; CUNA Provides Summary 

Posted by Marissa Anema Friday, January 11, 2013 2:13:00 PM
WASHINGTON – Yesterday, the Consumer Financial Protection Bureau (CFPB) posted its standards to define a "qualified mortgage (QM)" under the agency's "ability to repay" rules to the bureau's ... read more
 

NCUA Amends Definition of 'Troubled Condition', CUNA will Monitor Change for Potential Adverse Impact on Dual Charter System 

Posted by Marissa Anema Friday, January 11, 2013 2:12:00 PM
ALEXANDRIA, Va. – NCUA yesterday amended its definition of "troubled condition" and CUNA is concerned that the change could have an adverse impact on the dual charter system. "The dual... read more
 

CFPB Rules will likely set Safe Harbor for Prime Loans 

Posted by Marissa Anema Thursday, January 10, 2013 12:06:00 PM
WASHINGTON – The Consumer Financial Protection Bureau (CFPB) is expected to address the standards to define a "qualified mortgage (QM)" under the agency's "ability to repay" rules that are... read more
 

NCUA Increases Small CU Asset Threshold to $50 Million 

Posted by Marissa Anema Thursday, January 10, 2013 12:05:00 PM
ALEXANDRIA, Va. – Today, NCUA increased the asset-level test that defines a small credit union. The threshold was raised to $50 million as recommended by CUNA, up from $10 million. CUNA... read more
 
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